CR Company Has the Following Estimated Costs for the Next

question 54

Multiple Choice

CR Company has the following estimated costs for the next year: CR Company estimates that 20,000 labour hours will be worked during the year.If overhead is applied on the basis of direct labour hours,the overhead rate per hour will be?

• A) $2.25.
• B) $3.25.
• C) $3.45.
• D) $4.70.

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Definitions:

Personalities

The amalgamation of traits and qualities that create a person's unique character.

Organizational Managers

Individuals responsible for planning, directing, and overseeing the operations and fiscal health of a business unit, division, department, or an operating unit within an organization.

Bureaucratic Organizational Structure

An organizational model characterized by a hierarchy of authority, formalized rules and procedures, and impersonal relationships.

Flexible Organization Structure

Describes an organizational framework that can easily adapt to changes, allowing for modifications in structures and processes.